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There are money markets that guarantee the trades at the market maker specified rates.
by DevKoala 4y ago
There are money markets that guarantee the trades at the market maker specified rates.
- incone123 4y agoIf I have a currency that has an 'official' rate different from it's rate on most markets, how does the market you mentioned replenish it's euros when I buy them with roubles?
- DevKoala 4y agoYou do not buy actual rubbles or sell rubbles for dollars. Instead you buy/sell some financial artifact that represents the trade pair. Those end up trading at the official market maker rate.